Sample Letter for End of Service Benefits
We hope this letter finds you well. It is with mixed emotions that we acknowledge your departure from [Company's Name] and express our gratitude for your contributions during your tenure with us.
As part of the end of service process, we are pleased to inform you of the benefits and entitlements that you are eligible to receive. This letter outlines the details of your end of service benefits, which include:
Severance Pay: You will receive severance pay equivalent to [number] weeks/months of your last drawn salary, as stipulated in your employment contract and company policy.
Accrued Leave: Any unused annual leave or vacation days accrued during your employment will be compensated. The total amount payable for accrued leave is [amount], calculated based on your current salary.
Gratuity: In accordance with our company policy and employment laws, you are entitled to a gratuity payment. This amount is calculated based on your years of service and your final salary, totaling [amount].
Medical Insurance: Your medical insurance coverage will remain active until [date], after which you may choose to continue coverage through our group policy at your own expense.
Retirement Benefits: If applicable, details regarding your retirement benefits, including pension contributions and any other related entitlements, will be provided separately by our HR department.
Final Settlement: Your final settlement, including all outstanding dues and benefits, will be processed and disbursed by [date]. You will receive a detailed statement of the settlement amount.
Please ensure that you return all company property, including access cards, equipment, and documents, before your departure. Should you have any questions or need further clarification regarding your end of service benefits, feel free to contact our HR department at [HR contact information].
Once again, thank you for your hard work and dedication during your time with [Company's Name]. We wish you all the best in your future endeavors.
Sincerely,
[Your Name]
[Your Position]
[Company's Name]
[Contact Information]
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